Procter & Gamble warns of lower fiscal 2026 earnings due to higher commodity costs, tariffs, and interest rates, weighing on shares.
Procter & Gamble (NYSE: PG) reported 7% sales growth and 3% organic sales growth in its fiscal third quarter but faces headwinds from rising costs and tariffs. The company maintained full-year guidance but expects earnings toward the lower end of its range for fiscal 2026.
P&G’s stock has underperformed the S&P 500, declining 7% over the past year compared to the index’s 16% gain. CEO Shailesh Jejurikar cited a “challenging geopolitical and economic environment” impacting results.
Investors await the July 29 earnings release, wary of persistent inflationary pressures and weaker consumer demand in the staples sector.